BALAJITELE trade ideas
BALAJITELE, Picture perfect Inverted Head & Shoulder formationBALAJITELE has formed picture perfect Inv Head & Shoulder pattern & given volume support closing.
This was also our BTST pick today.
All levels mentioned on chart.
Thanks
Piyush Gupta
Learn & Earn
Long Balaji...Long term upswingBalaji Telefilms
CMP - 56
Stop - 45 on DCB
Expectation -
1 - 100
2 - 200, Review at 100
Expected Holding Period - 240 trading days or more
Ideas being shared only for educational purpose
EMA PercentageTracks the difference of price in % w.r.t to EMA (21)
Length of EMA can be changed.
Comparative analysis w.r.t NIFTY (can be changed)
Balajitele can be buy at 61.40 for short term target of 66 ,69 Short term target and Stop-loss on the chart.
This is for my own investment purpose.
Balaji TelefilmsStock looks good to accumulate at current lvls with stop loss of 81, expecting targets of 98 and 105.
Long Swing Trade Idea #42 : Buy BALAJITELE Long Swing Trade Idea #42 : Long Trade on BALAJITELE. Please do like and share the idea in case you find it good and follow it for further updates on it. for benefit of everyone. Also, please comment if you have any feedback. This idea by onerighttrade team is only for study purpose and is not a trading call.
Good breakoutTarget 77.
Volume is good.
Broke the trend line in forth attempt.
Also closed gave closing above resistance 65
Balaji TeleContent king of India. Huge catalogue of content. Strong partnership with most TV channels and now Jio. Bottoming out?
Wouldn't take a big position but would take a small entry with SL below marked price. (Rs. 78)
"D" Wave in making, BullishBalaji just tested 13/34 EMA & Above 144 Slow moving average. ABCD pattern in process. Target 235 + strict Stop loss below 140 aka C level.
Balaji Telefilms - Investment Stock!Balaji Telefilms is having gradual and steady growth from april 2017. Price action has formed rounding bottom and now break out is happening. We can invest in this stock above 145. I expect this stock to gain another 50 to 70 points in 6 months to one year. Always consult your financial manager before investing.
